Banking, finance, and taxes
2201 Articles
For reasons that will escape even the most rigorous analysis, JP Morgan (NYSE: JPM) has elected to raise $6 billion…
According to Reuters, the head of Samsung has been indicted for tax evasion. Reuters writes Ebay (EBAY) profits rose 22%,…
BlackRock, Inc. (NYSE: BLK) posted a 25% gain in earnings, but reported $1.90 EPS versus $2.00 estimates; Assets under management…
JP Morgan (JPM) took some big write-offs which dropped its profits well below the same quarter last year. The bank…
A look at the Washington Mutual (NYSE: WM) and Wachovia (NYSE: WB) deals to raise more capital indicates that other…
Early indicators from companies like Wachovia (NYSE: WB) and General Electric (NYSE: GE) show that the last half of March…
Over the last week, both major financials and techs sold off substantially, another sign that one major sector is doing…
According to Reuters, Citigroup (C) will sell $12 billion in troubled loans to a group of private equity firms. Reuters…
A decade ago, when there were big problems in the financial markets a very small group of people came in…
According to Reuters, Lehman (LEH) raised $4 billion. Reuters writes that US factory orders probably fell in February. Reuters reports…
Another director of Bear Stearns Companies, Inc. (NYSE: BSC) has unloaded his holdings as the stock was trading north of…
Banks are going to the Fed and getting money at 2.5% and putting it onto their balance sheets. What do…
There has been some misplaced optimism that financial stocks bottomed earlier this month based on the notion that much of…
Countrywide NYSE: CFC) chief operating officer David Sambol cannot get a job as a garbage man. He is viewed as…
According to Reuters, Bank of America (BAC) will pay the president of Countrywide (CFC) $28 million to stay and run…
Our top personal finance-related articles today. Your wallet will thank you later.